Part of deciding whether a Bankruptcy or Consumer Proposal is right for you is knowing what kinds of debts can be included and will be discharged when the process is successfully completed.

Trying to pay your down debt but feel like there’s no wiggle room? Here’s a few tips to free up some funds and get you back on track.

Are you experiencing serious financial issues but hesitant to meet with a Licensed Insolvency Trustee? Your reluctance is normal and completely understandable — especially if you've turned to the internet for answers about Bankruptcy, only to find confusing or outdated misconceptions. Bankruptcy isn't right for everyone. But part of a trustee's job is to dispel the myths and arm you with the information you need to decide whether it's right...

Alberta’s consumer debt is the highest in the country and a new survey shows that Albertans are growing increasingly concerned about their ability to meet their payment obligations.

At some point, everyone has succumbed to the impulse to buy a new gadget, a new pair of shoes or some other spur of the moment gift for themselves.

MNP Ltd.’s Licenced Insolvency Trustee Walter Mackinnon spoke with the Journal Pioneer regarding Aethon Aerospace Inc. and Testori Americas Corporation.

For people with minor or even moderate debt, the combination of a structured financial plan and a few temporary sacrifices can go a long way toward eliminating their burden.

Underscoring Albertans' financial vulnerabilities when it comes to debt, the latest official figures from the Office of the Superintendent of Bankruptcy (OSB) continue to reinforce the mounting strain on many households in the province. The number of Albertans who filed for insolvency in the second quarter of 2019 was up 10.6 per cent compared to the same quarter of last year and up 7.8 per cent compared to the first quarter of this year.

Albertans are feeling worse about their consumer debt and personal finances than other province, according to the latest MNP Consumer Debt Index, a quarterly survey conducted by Ipsos on behalf of MNP LTD.

Atlantic Canadians who find themselves in serious financial trouble could be digging themselves into a deeper hole by not seeking out help when they need it. A new survey conducted by Ipsos on behalf of MNP LTD, shows almost half of Atlantic Canadians (47%) say they would be embarrassed to get help if their financial situation was bad enough to consider Bankruptcy. More than a quarter (28%) of survey respondents say the stigma surrounding Bankruptcy...